Canadian Dividend All-Star List

  • Discover every Canadian stock that has increased its dividend for 5+ years in a row.
  • Find dividend-paying stocks that have survived recessions without dividend cuts.
  • A great starting point to identify and screen Canadian dividend growth stocks.

How To Find High Yield Dividend Growth Stocks With The Canadian Dividend All-Star List


Canadian Dividend All-Star List

Tons of Dividend Data

Filter through huge amounts of dividend information quickly!
  • Dividend Growth Streaks – 1, 3, 5, 10 & 20 Year
  • Dividend Yield % – Current, 3, 5, 10, and 25-Year Low, Average, & High Yields
  • Dividend History – Up to 50-Year Dividend Histories, # Recessions Survived with Dividend Growth, Dividend Initiation Year
  • Dividend Growth Rates – 1, 3, 5, 10 & 20 Year
  • EPS, Sales & Cash Flow Growth Rates – 1, 3, 5 & 10 Year
  • Valuation Tools – P/E, P/B, P/Sales, P/Cash Flow, Graham Price, Chowder Rule, Tweed Factor …
  • Payout Ratios – EPS, Cash Flow, Free Cash Flow
  • Stock Returns % – 1, 3, 5 & 10-Year Price, Dividend & Total Returns
  • Dividend Reinvestment Plan (DRIP) Information
  • ROE, ROIC, D/E, Current Ratio, Quick Ratio


Frequently Asked Questions

The Canadian Dividend All-Star List is the perfect resource to quickly find strong Canadian dividend growth stocks with dependable dividend income. It’s one of the website’s most popular resources.

It is an excel spreadsheet with a huge amount of stock information on Canadian companies that have increased their dividend for 5 or more calendar years in a row.

This valuable resource is emailed monthly to DGI&R subscribers and is typically used as a starting point to identify and screen Canadian dividend growth stocks.

There is too much information in the Canadian Dividend All-Star List to explain everything here, so instead I’ll share two “How To” videos and then I’ll let you experiment with it more.

Every Canadian listed stock that has increased its dividend for 5 or more years in a row is on the list.

Unlike the S&P/TSX Canadian Dividend Aristocrats Index there aren’t minimum market capitalization or low trading volume limits so when I say every stock I mean it.

You’ll find way more information on these stocks in the Canadian Dividend All-Star List, but for now here is a table of all the stocks in the Canadian Dividend All-Star List and their dividend growth streak.

The table is sorted by dividend growth streak and then alphabetically by company name.

Stock TickerCompany NameDividend Growth Streak
TSE:CUCanadian Utilities49
TSE:FTSFortis Inc47
TSE:TIHToromont Industries Ltd31
TSE:CWBCanadian Western Bank29
TSE:ACO.XAtco Ltd.27
TSE:TRIThomson Reuters27
TSE:EMP.AEmpire Company Ltd26
TSE:IMOImperial Oil26
TSE:MRUMetro Inc26
TSE:CNRCanadian National Railway25
TSE:ENBEnbridge Inc25
TSE:SAPSaputo Inc.23
TSE:CNQCanadian Natural Resources20
TSE:TRPTC Energy20
TSE:CCL.BCCL Industries Inc19
TSE:FTTFinning International19
TSE:TCL.ATranscontinental Inc19
TSE:RBARitchie Bros Auctioneers18
TSE:CCACogeco Cable Inc17
TSE:TTelus Corporation17
TSE:CGOCogeco Inc16
TSE:IFCIntact Financial16
TSE:SJStella-Jones Inc.16
TSE:ADW.AAndrew Peller Ltd15
TSE:XTCExco Technologies Ltd15
TSE:BYDBoyd Group Services Inc.14
TSE:EMAEmera Incorporated14
TSE:ENGHEnghouse Systems Limited14
TSE:BIP.UNBrookfield Infrastructure Partners LP13
TSE:FNVFranco-Nevada Corp13
TSE:TCSTecsys Inc.13
TSE:ATD.BAlimentation Couche-Tard Inc11
TSE:BEP.UNBrookfield Renewable Energy Partners LP11
TSE:LGT.BLogistec Corporation11
TSE:MGMagna International Inc11
TSE:NANational Bank11
TSE:WCNWaste Connections Inc11
TSE:AQNAlgonquin Power & Utilities Corp.10
TSE:BNSBank of Nova Scotia10
TSE:CMCanadian Imperial Bank of Commerce10
TSE:CTC.ACanadian Tire Corp Ltd10
TSE:DOLDollarama Inc.10
TSE:EQBEquitable Group Inc10
TSE:EIFExchange Income Corporation10
TSE:GRT.UNGranite Real Estate Investment Trust10
TSE:GCG.AGuardian Capital Group Ltd.10
TSE:HDIHardwoods Distribution Inc.10
TSE:KEYKeyera Corp.10
TSE:RYRoyal Bank of Canada10
TSE:SYZSylogist Ltd.10
TSE:TDToronto Dominion Bank10
TSE:TFIITFI International Inc.10
TSE:AP.UNAllied Properties Real Estate Investment Trust9
TSE:BMOBank of Montreal9
TSE:BAM.ABrookfield Asset Management Inc9
TSE:CAR.UNCanadian Apartment Properties Real Estate Investment Trust9
CVE:FCD.UNFirm Capital Property Trust9
TSE:FNFirst National Financial Corp9
TSE:WNGeorge Weston Ltd9
TSE:IIP.UNInterRent Real Estate Investment Trust9
TSE:LLoblaw Companies Limited9
TSE:PPLPembina Pipeline9
TSE:STNStantec Inc9
TSE:CGICanadian General Investments, Limited8
TSE:CRT.UNCT Real Estate Investment Trust8
TSE:MALMagellan Aerospace Corporation8
TSE:ONEXOnex Corp8
TSE:OTEXOpen Text Corporation8
TSE:PKIParkland Corporation8
TSE:PBHPremium Brands Holdings Corp8
TSE:SISSavaria Corporation8
TSE:CPXCapital Power Corporation7
TSE:GWRGlobal Water Resources Inc.7
TSE:IAGIndustrial Alliance7
TSE:INEInnergex Renewable Energy Inc.7
TSE:MFCManulife Financial Corporation7
TSE:SGR.UNSlate Grocery REIT7
TSE:SRU.UNSmart Real Estate Investment Trust7
TSE:CSH.UNChartwell Retirement Residences6
TSE:FSVFirstService Corporation6
TSE:GSYgoeasy Ltd.6
TSE:GWOGreat-West Lifeco Inc.6
TSE:MFIMaple Leaf Foods Inc.6
TSE:POWPower Corporation of Canada6
TSE:QBR.BQuebecor Inc.6
TSE:QSRRestaurant Brands International Inc.6
TSE:QSP.UNRestaurant Brands International Limited Partnership6
TSE:RAY.AStingray Digital Group Inc.6
TSE:AEMAgnico Eagle Mines Limited5
TSE:BDGIBadger Infrastructure Solutions Ltd5
TSE:CPCanadian Pacific Railway Ltd5
TSE:HHydro One Limited5
TSE:MRG.UNMorguard North American Residential Real Estate Investment Trust5
CVE:SVIStorageVault Canada Inc.5
TSE:XTMX Group Limited5
TSE:WBRWaterloo Brewing Ltd.5

A Dividend Growth Streak is the number of consecutive calendar years the company has increased their regular dividend for.

Special dividends are not considered when determining the streak length. For instance, if a company pays out a one-time special dividend on top of their regular dividends that results in a higher dividend in the previous year they will not be penalized because of this. The dividend growth streak only focusing on the increases of regular dividends.

The dividend record date based on a calendar year (January to December) is used to determine the dividend growth streak length. There are a variety of different key dividend dates that occur like the dividend record date, payable date, ex-date, and declared date. Because of the timing differences between these dates, it is possible for a company to have a longer or shorter dividend streak based on the payable/ex/declared date, but not on the record date, etc. Something to be aware of.

If the company initiated a dividend it is counted as an increase. For instance, if a company was not paying a dividend and then start this year, their streak would be 1 year.

The dividend streaks are updated annually at the end of the calendar year in December.

To understand how the streaks are calculated let’s look at a few examples.

  • Example #1: The company increases the dividend each year at the beginning of the year so the dividend streak is 3 years. This is what most people think of when they think of a dividend streak.
  • Example #2: The dividend streak is 3 years despite having only one dividend increase after initiating a dividend in the 1st year. If total regular dividends for the year are more than the previous year, the streak continues.
  • Example #3: If the company initiates a dividend, I count that as year one in the dividend streak.
  • Example #4: The 2017 total dividends of $1.20 are the same as the prior-year so the dividend streak is 0 years.


The Canadian Dividend All-Star List is updated every month using stock information from the last trading day of the month. It is then emailed to Dividend Growth Investing & Retirement (DGI&R) email subscribers at the beginning of every month.

If you are a new email subscriber, you’ll be emailed a copy of the most recent version after signing up.

No, not one that I maintain.

That said, you can find something similar called the US Dividend Champions List on the Dividend Investing Resource Center.

The Dividend Investing Resource Center also has other international dividend lists like the:

  • Eurozone Dividend Champions,
  • UK Dividend Champions, and
  • Global CCC List.


My website, Dividend Growth Investing & Retirement, and the Canadian Dividend All-Star List do not provide stock recommendations.

I created the Canadian Dividend All-Star List as an information source for dividend investors. The criteria to be on the list is based on the number of years the dividend has increased, it is not based on whether I think the stock is a good investment. Think of this list as a good starting point if you are looking for potential Canadian dividend growth candidates, not stock recommendations.

Can’t understand a column header in the Canadian Dividend All-Star List spreadsheet?

Hover over the header column and read the note that pops up to get a brief explanation.

Hover over the header column and read the note that pops up to get a brief explanation.

The difference between the two tabs in the excel file are …

“Canadian Dividend All-Star List” Tab

The stocks in the “Canadian Dividend All-Star List” tab need to have a dividend streak of 5 years or more. i.e. 5 or more years of consecutive annual dividend increases.

“Others” tab

The stocks in the “Others” tab pay a dividend and are generally thought to be dividend growth stocks, but there are no specific criteria to be included in the “Others” tab.

Pay particular attention to the number of days since the last recorded dividend increase (column L) as some of these stocks have not increased their dividend for a number of years.

The Canadian Dividend All-Star List was created because I was frustrated with the lack of coverage and data on Canadian dividend growth stocks.

My retirement plan relies on dividend income, so I wanted a resource where I could quickly find strong Canadian dividend growth stocks with dependable dividend income.

I had questions like …

  • Which Canadian stocks have increased their dividend for 5, 10, or 25 years in a row?
  • Which dividend stocks have high dividend yields, and strong 1, 3, 5, 10, 15, and 20-year dividend growth rates?
  • How many recessions has the company been able to increase their dividend through?
  • Which Canadian dividend growth stocks look cheap?
  • The list goes on …

I couldn’t find what I was looking for, so I created the Canadian Dividend All-Star List (CDASL) and I’ve been sharing it monthly with my readers since 2013.

Use the Donate page here to make a donation.

To create and update the Canadian Dividend All-Star List takes a lot of time and effort, so donations are very much appreciated and always welcome.

Thanks in advance!

While I have tried my best to provide accurate information, I am subject to human error.

Finding the dividend history to four decimal places can be difficult when looking at older payments and considering splits and rounding.

The file contains a mix of information pulled from various sources and data I entered manually. Data entered by myself has come primarily from the company’s investor relations website or their annual reports. The annual reports were taken from the company website or In the few instances where I was unable to find the dividend history from the company website or the annual report, I used TMX, Yahoo! Finance, Morningstar, Google Finance, etc. and compared the information. Some of the stock information that is pulled directly from various sources is assumed to be correct, but I have not confirmed this.

I have tried to provide accurate information, but I cannot guarantee the accuracy of the information. You have been warned.

I am happy to share this information with as many individual investors as possible, but this list is not intended to be used for commercial use unless you have received written permission from me.